Srei reports 56% jump in Q3 net profit at Rs105 crore - News Summed Up

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Srei reports 56% jump in Q3 net profit at Rs105 crore


Srei’s shares closed 1.13% higher at Rs102.65 apiece on BSE on Wednesday. Photo: Ramesh Pathania/MintNew Delhi: Srei Infrastructure Finance (Srei) on Wednesday reported consolidated profit after tax of Rs105.14 crore for the quarter ended December 2017, a growth of 56% year-on-year. The company had posted a profit of Rs67.21 crore in October-December quarter of 2016-17. Consolidated assets under management stood at Rs44,971 crore as on 31 December 2017 as compared to Rs37,505 crore a year earlier. Srei’s shares closed 1.13% higher at Rs102.65 apiece on BSE on Wednesday.


Source: Mint January 17, 2018 15:45 UTC



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